Gartner and Centrify Agree – PAM is #1 Security Project for 2018

CISOs are overwhelmed with a multitude of projects that are pulling at their time and resources. All of these projects feel important and usually will have some benefit, but nobody has the time or budget to do it all. So which projects will give you the biggest bang for your buck? How do security professionals prioritize these initiatives? At this year’s Gartner Security and Risk Management Summit, Gartner’s Neil MacDonald revealed the analyst firm’s top 10 recommended security projects for 2018. MacDonald stated that CISOs need to, “focus on projects that reduce the most amount of risk and have the…

Adopt Next-Gen Access to Power Your Zero Trust Strategy

Security breaches are now all too commonplace — 58% of organizations have experienced at least one in the past 12 months. As a result, IT security leaders are urgently scrambling to defend attacks at every entry point. Worse yet, traditional approaches to security, based on the notion that you can keep out the “bad guys” out while letting in the good guys, have proven ineffective.  Access control strategies that focus on separating trusted from untrusted users are missing the whole point. Mobile proliferation, reliance on outsourced partners and cloud technologies, and the regular occurrence of insider attacks mean that there…

The Cost of Customer Identity & Access Management (CIAM)

Customer Identity and Access Management (CIAM) is essentially a set of tools that allow your business to securely authenticate, manage and engage customers who are consuming products and services through your applications. Historically, customer identity has not always been top of mind when it comes to business-driving initiatives. Identity was simply a feature of the application, maybe a table or directory that stored user information. It was just there, without much need to think about it. Fast forward to present day and things have changed dramatically. Customers have now come to expect that their own preferences (likes, dislikes, purchase history)…

Persistence Pays Off

There are lots of maxims in the startup world about passion, patience and perseverance — but most of the time it is just lip service. Rarely do founding teams stick together and fight though more than a decade of ups and downs. But that is exactly what the Centrify founders have done for the last 14 years, beginning inside Mayfield’s offices in March of 2004. Success is the result of perfection, hard work, learning from failure, loyalty and persistence. — Colin Powell To help reset the context, in 2004 Lance Armstrong won his 6th Tour de France and the Boston…

Secure Identity to Protect Your Reputation

Reputation is built on trust – yet the paradox in the age of access is that the only way we can build trust is to eschew it. That age-old tool of identification–the password–no longer provides any level of security and, in fact, depending upon a password for protection is probably the worst mistake one can make. Likewise, relying on technology alone, such as firewalls, malware detectors and anti-virus programs, can create a false sense of security that often causes more problems than it solves. LESSONS FROM AUSTRALIA If you doubt that assumption, look at the volume of business disruption that…

Centrify’s Next Strategic Step Forward with Thoma Bravo

I am pleased as CEO and co-founder of Centrify to announce that Centrify has entered into a definitive agreement whereby Thoma Bravo, a leading high-growth private investment firm with a significant track record in cybersecurity, will acquire a majority interest in Centrify from our current venture capital investors led by Mayfield, Accel, Jackson Square Ventures and Index Ventures. We couldn’t be more thrilled to partner with this world class investor who has invested in other great cybersecurity companies like SailPoint, McAfee, Barracuda and others. We believe that this transaction optimally positions us to accelerate our pace of innovation in the…

A Ticking Time Bomb: Understanding and Securing the Next Generation of Workers

It’s sometimes easy to forget that the younger employees of today are the managers of tomorrow. If we fail to understand how they use technology and perceive security and privacy, it will have a major bearing on the workforce of the future, and the long-term ability of organisations to withstand cyber threats. To shed some light on the issue, Centrify recently commissioned new in-depth research drawing on interviews with not only 1,000 UK office workers aged 18-24, but also 500 senior decision makers. At a central London event last week, we gained some fascinating extra insight into how the next…

It’s Time for Managers to Lead Security by Example, Not Blame Younger Workers

The age gap is something that all organisations over the years have had to deal with in one way or another. But the flood of consumer-grade technologies into the workplace in recent years has arguably widened that gap even further. To learn more, Centrify recently polled not only 1,000 UK office workers aged 18-24 but also 500 senior decision makers. We found that the next-generation workforce is unfairly blamed for a range of perceived security issues, when in fact managers are the worst offenders. To enable newer, more flexible and agile ways of working demanded by younger employees, organisations must…